Several Tax Reinvestment Zones Cancelled

In handling the deficit, Mayor Sylvester Turner has canceled several Tax Reinvestment Zones and redirected their funds to the city’s general fund. Here are my thoughts on the issue. I think redirecting the tax reinvestment zone funds is necessary to tackle the deficit.

Tax reinvestment zones do a great job of accelerating neighborhood improvement when implemented. However, when facing deficits, you have to cut these things back. It is all a part of the process of living within your means.

I think the city had to cut these things back when there are more important services such as police and fire, which you don’t want to cut back.